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defense / venture

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Reports $14.6bn raised by defense-tech startups through May 2026, exceeding the 2025 full-year record of $9.6bn. Identifies the three anchors: Anduril $5bn, Shield AI $2bn, Saronic $1.75bn. Notes the Pentagon is now officially encouraging VC participation through a dedicated initiative, a structural shift from the 2010s posture of wariness toward commercial technology.

“Defense tech startups raised $14.6B in the first five months of 2026, blowing past the 2025 full-year record of $9.6B.”